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266 MCLAWS CIR Williamsburg VA 23185-5650

[Locked] • APN G12B-3995-3270

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Details
Property Type Office, Retail
Sub Type Bank, Traditional Office
Building SqFt 7,448
Lot SqFt 33,106
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code GENERAL BUSINESS
Year Built 2000
Building Count 1
Opportunity Zone No
Lease Type ******
Lease Term ******
Remaining Term ******
Lease Expiration ******

Property History

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Property Type
Property Type
Office, Retail
Property Subtype
Bank, Traditional Office
Marketing Description

Marcus & Millichap is pleased to present the exclusive offering of 266 Mclaws Circle, a premier single-tenant office investment located in the heart of Williamsburg, Virginia. This 7,372-square-foot property is fully leased to Merrill Lynch, a division of Bank of America, and one of the most recognized names in global wealth management. Merrill Lynch has occupied the building since its original construction and recently signed a lease extension through August 31, 2030, demonstrating a long-term commitment and operational success at this location.

In 2020, Merrill Lynch personally funded a full renovation of their suite, reinforcing the strategic importance of the site to their regional operations. The lease is a modified gross structure, providing investors with reliable cash flow and limited landlord responsibilities.

Strategically located at the entrance to Kingsmill Resort, the property offers strong visibility to one of Williamsburg's most affluent communities. With a built-in high-net-worth client base, long-term tenancy, and national credit, this asset presents a rare turnkey investment opportunity in a resilient submarket-ideal for investors seeking stable income, passive ownership, and long-term portfolio value.

Investment Highlights

» Merrill Lynch (S&P: A+) - Credit-rated tenant backed by Bank of America

» 100% Leased - Single-tenant occupancy since original construction

» Long-Term Tenancy - Nearly 25 years of continuous occupancy

» Recent Lease Extension - 5+ Years of Term Remaining/ Lease Recently Renewed

» Renewal Options - Includes Two (2) Five-Year Options to extend

» Tenant-Funded Renovation - Full suite renovation completed in 2020 at tenant's expense

» Turnkey Investment - Low-management asset with stable cash flow

» Premier Location - Situated at the entrance to Kingsmill Resort, serving a high-net-worth clientele

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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Contacts

Listing removed on
 BY:
KE
Kristina Ermyakina PRO
•••.•••.4606
••••••••.•••••kina@•••••••••••••••.com
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